Self Driving Car is also called Autonomous Driving Car. Global Self Driving Car market is expected to surpass US$ 300 Billion by the end of year 2030. Rising road accidents is one of the significant driving factors for self driving technology giant to create an ecosystem of safe and efficient transportation systems. In addition, self driving car reduce fuel consumption, cost of insurance and congestion to the great extent. Litigation, consumer acceptance and perception are big hurdle for self driving car.

Market Insights, Types of Self Driving Car (L3, L4 & L5)

Self driving car would come up with different level of driving like semi-autonomous and fully autonomous. In this report we have taken the market and volume of three level of driving. Level 3 is considered as a semi-autonomous which has several features like highway driving, nose-to-tail traffic, parking assistance and much more extension. Level 4 would come up with everything that driver do, it only intervene some point of time during emergency and system failure. In level 5 driving, there is no need of human interference at any point of time. The Renub Research report provides (L3, L4 & L5) cars market and numbers for each region (America, Asia Pacific, Europe, Middle East & Africa) independently.

Region Wise - America will have Highest Market Share

In this report, we have categorized the self driving car market into region wise; America, Europe Middle East & Africa and Asia Pacific. America is one of fast mover and adopting self driving technology with rapid pace. Moreover Asia Pacific is also known for large potential consumer base market which is also adopting technology to the large extent.